Management in difficult times

Anybody can lead the organization in good times. The real test is to manage to keep the company afloat during difficult times, when moods all around are gloomy, politics within the company at its peak, everyone is thinking as individual and less as team. In this situation we may take some clues from what the insurance companies taught us. For our life we take some kind of insurance this can be applied very much for business as well. Now you must be wondering why I am comparing life with business, the reason is in both cases bad time is unpredictable but it is most likely that it will come some day. What would be the insurance analogy for business? What plan and period depends on your business management acumen.